Intensive care unit around the state your capacity. Good evening im julie haener. I am frank somerville. This new three week stay at home order would be triggered if hospital intensive Care Capacity drops below 15 in any of the five regions of california. Right now, none of the regions is affected. The governor says he expects it could happen for all regions except the bay area within days. The governor also says the bay area could see the order by the middle of the month. Governor newsom tried to reassure people in california that there is hope ahead as vaccines are rolled out. We do not anticipate having to do this once again. We really only to step up. We need to meet this moment had on. We need to do everything we can to stem the tide, bend the curve. Under the order, schools could stay open but ours, wineries, and hair salons would close. Is an retail and Grocery Stores would be limited to 20 capacity. Restaurants would only be able to offer takeout or delivery. The Team Coverage
Commodities having a positive session the far. Astrazeneca stock is actually down today. The s p is up i 014 . It is a monday. We get vaccine news. Generally it is taken quite well. Cyclicals have a bigger day. That seems to be the narrative that is establishing itself. We do have a euro that has weakened. The manufacturing pmi data out of the united states, and i know the ism is more important in terms of what people look at, but nevertheless, the manufacturing data was strong, and as a result, the dollar went up. It does seem to be something of a consensus now that the u. S. Is simply a few weeks behind europe. You only have to look at what is happening with the eurozone data today to get a sense of how far pmis can fall. Highs,off our earlier off by 0. 2 percent. Boris johnson is currently talking about covid. We are also possibly making some progress when it comes to the brexit story. Certainly today, the big driver is definitely that news on astrazeneca. Alix Boris Johnson saying
Really interesting flow out of the United Kingdom. Weve got a very nice lift to the market. I dont want to oversell it, but in the last 20 minutes or so, a lift to the market. I see sterling coming in and even the yield space with a little bit lower yield. Certainly not the risk of agony we saw yesterday. Jonathan sterling lower. Down about 0. 2 on cable. Reuters reporting that the Prime Minister is about to say get ready for an australia style brexit deal. When i say australia, think something closer to no deal. When i say canada, think something closer to a freetrade agreement. If the Prime Minister frustrated with the eu . October 15 was meant to be a deadline. Mr. Prime minister trying to ramp things up to get concessions from the other side, something he has failed to do in the last month. Tom and there is the norway deal. An australian deal is a much more distant deal, a much more traditional agreement. The love and affection of a canada deal where you respect the agricultural pr
Unrest in Lagos Nigeria as president calls for an end to the protests but doesnt address tuesday shooting by Security Forces. So one can m. P. s expand the powers of the president allowing him to dissolve parliament and giving him immunity from prosecution. President Trump Supreme Court nominee moves a step closer to confirmation as he prepares to face joe biden for the 2nd and final debate. France is extending its curfew on mine major cities to a further 38 areas meaning 46000000 people will now have to stay indoors at night for 6 weeks it had already followed spain in passing a 1000000000 confirm coronavirus cases and its now recorded an all time high of 41 and a half 1000 new infections in 24 hours germany croatia and russia 3 of the other European Countries who have posted their biggest one day rise in infections belgiums foreign minister sophie vellum who was the caretaker Prime Minister until recently is now in intensive care with the virus the country had on average nearly 10000
Madrid could announce a state of emergency today. A golden reopening. Beijing is back to work efforts week long holiday. Chinese equities and the yuan outperform. Very good morning to you. 6 00 a. M. In the city of london. Happy friday. Its one week since we learned the president of the United States tested positive for covid19. D. C. Politics is messy. We will talk about that a little bit later. We are 25 days away from the u. S. Election. Some optimism that we have had a bit of shift on stimulus in the white house. Nancy pelosi, Steven Mnuchin, are talking again, but many skeptical we will see support. The hope of that is moving markets this morning. S p 500 futures to the upside this morning alongside euro futures as well. Chinese equities outperforming. We are up more than 2 this morning, 1 00 p. M. In beijing. China is back to work after golden week. Its back with some good optimistic measures when you look at the equities space. The bloomberg dollar index lower against all of g10